RBC BlueBay U.S. Government Money Market Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
1.3%
1 yr return
5.2%
3 Yr Avg Return
2.4%
5 Yr Avg Return
1.9%
Net Assets
$1.43 B
Holdings in Top 10
40.0%
52 WEEK LOW AND HIGH
$1.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.17%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000,000
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
TUGXX - Profile
Distributions
- YTD Total Return 1.3%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 1.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.02%
- Dividend Yield 5.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameRBC BlueBay U.S. Government Money Market Fund
-
Fund Family NameRBC Global Asset Management.
-
Inception DateSep 01, 2010
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
The Fund invests at least 99.5% of its total assets in Government securities, cash and repurchase agreements collateralized fully by Government securities or cash. For purposes of this policy, “Government securities” means any securities issued or guaranteed as to principal or interest by the United States, or by a person controlled or supervised by and acting as an instrumentality of the Government of the United States pursuant to authority granted by the Congress of the United States; or any certificate of deposit for any of the foregoing. The Fund considers repurchase agreements with the Federal Reserve Bank of New York to be U.S. Government securities for purposes of its investment policy. The Fund intends to be a “Government money market fund,” as such term is defined in or interpreted under Rule 2a‑7 under the 1940 Act. Shareholders will be given at least 60 days’ advance notice of any change to the 99.5% policy. In addition, in normal market conditions, the Fund will invest at least 80% of its assets in in U.S. Government securities (as defined above) and in repurchase agreements secured by them. For purposes of this policy, the term “assets” means net assets plus the amount of borrowings for investment purposes. Shareholders will be given at least 60 days’ advance notice of any change to the 80% policy.
The Fund Board does not currently intend to impose liquidity fees on Fund redemptions. Please note, however, that the Board reserves the ability to subject the Fund to a liquidity fee in the future, after providing prior notice to shareholders.
The Fund invests only in eligible securities as defined by Rule 2a‑7 of the 1940 Act that present minimal credit risks. Each investment by the Fund must mature (or be deemed by Rule 2a‑7 to mature) within 397 days of the date of investment. The Fund maintains a dollar-weighted average portfolio maturity of 60 days or less and a dollar-weighted average life (portfolio maturity measured without reference to provisions that otherwise permit the maturity of certain adjustable rate securities to be deemed to be “shortened” to their next interest rate reset date) of 120 days or less. Immediately after any investment by the Fund in a security (other than a U.S. Government security), the Fund may not have more than 5% of its assets invested in securities of the issuer, except for certain temporary investments.
TUGXX - Performance
Return Ranking - Trailing
Period | TUGXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | 0.0% | 1.8% | 11.41% |
1 Yr | 5.2% | 0.5% | 5.7% | 20.30% |
3 Yr | 2.4%* | 0.7% | 2.6% | 21.95% |
5 Yr | 1.9%* | 0.6% | 110.5% | 12.24% |
10 Yr | 1.3%* | 0.3% | 32.0% | 6.57% |
* Annualized
Return Ranking - Calendar
Period | TUGXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | -0.1% | 5.0% | 43.03% |
2022 | 0.0% | 0.0% | 1.2% | 43.51% |
2021 | 0.0% | 0.0% | 0.0% | 43.01% |
2020 | 0.0% | 0.0% | 0.4% | 43.24% |
2019 | 0.0% | 0.0% | 2.0% | 43.56% |
Total Return Ranking - Trailing
Period | TUGXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | 0.0% | 1.8% | 11.41% |
1 Yr | 5.2% | 0.5% | 5.7% | 20.30% |
3 Yr | 2.4%* | 0.7% | 2.6% | 21.95% |
5 Yr | 1.9%* | 0.6% | 110.5% | 12.24% |
10 Yr | 1.3%* | 0.3% | 32.0% | 6.57% |
* Annualized
Total Return Ranking - Calendar
Period | TUGXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.3% | 0.8% | 5.9% | 19.90% |
2022 | 1.4% | 0.0% | 1.8% | 23.92% |
2021 | 0.0% | 0.0% | 1.9% | 8.06% |
2020 | 0.5% | 0.0% | 3.0% | 10.59% |
2019 | 2.3% | 0.0% | 3797.9% | 11.35% |
NAV & Total Return History
TUGXX - Holdings
Concentration Analysis
TUGXX | Category Low | Category High | TUGXX % Rank | |
---|---|---|---|---|
Net Assets | 1.43 B | 818 K | 211 B | 22.57% |
Number of Holdings | 346 | 1 | 346 | 0.48% |
Net Assets in Top 10 | 7.73 B | -343 K | 163 B | 47.27% |
Weighting of Top 10 | 39.97% | 22.7% | 100.0% | 90.46% |
Top 10 Holdings
- Federal Reserve Repo 0.05% 1/3/2022 39.90%
- Federal Reserve Repo 0.05% 1/3/2022 39.90%
- Federal Reserve Repo 0.05% 1/3/2022 39.90%
- Federal Reserve Repo 0.05% 1/3/2022 39.90%
- Federal Reserve Repo 0.05% 1/3/2022 39.90%
- Federal Reserve Repo 0.05% 1/3/2022 39.90%
- Federal Reserve Repo 0.05% 1/3/2022 39.90%
- Federal Reserve Repo 0.05% 1/3/2022 39.90%
- Federal Reserve Repo 0.05% 1/3/2022 39.90%
- Federal Reserve Repo 0.05% 1/3/2022 39.90%
Asset Allocation
Weighting | Return Low | Return High | TUGXX % Rank | |
---|---|---|---|---|
Cash | 51.23% | 25.56% | 100.00% | 99.05% |
Bonds | 48.77% | 0.00% | 74.44% | 1.18% |
Stocks | 0.00% | 0.00% | 0.00% | 43.13% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 43.13% |
Other | 0.00% | -1.67% | 0.04% | 43.13% |
Convertible Bonds | 0.00% | 0.00% | 21.22% | 47.63% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TUGXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 51.29% | 0.00% | 100.00% | 96.92% |
Government | 29.41% | 0.00% | 44.01% | 20.85% |
Municipal | 19.12% | 0.00% | 22.71% | 1.18% |
Securitized | 0.17% | 0.00% | 1.75% | 0.95% |
Derivative | 0.00% | 0.00% | 0.00% | 41.94% |
Corporate | 0.00% | 0.00% | 100.00% | 54.03% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TUGXX % Rank | |
---|---|---|---|---|
US | 48.77% | 0.00% | 72.86% | 1.18% |
Non US | 0.00% | 0.00% | 3.41% | 44.31% |
TUGXX - Expenses
Operational Fees
TUGXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.17% | 0.08% | 4.53% | 90.45% |
Management Fee | 0.10% | 0.03% | 0.50% | 18.01% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.05% | 0.01% | 0.55% | 23.21% |
Sales Fees
TUGXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
TUGXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 5.00% | 5.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TUGXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 485.00% | N/A |
TUGXX - Distributions
Dividend Yield Analysis
TUGXX | Category Low | Category High | TUGXX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.01% | 0.00% | 5.54% | 8.29% |
Dividend Distribution Analysis
TUGXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
TUGXX | Category Low | Category High | TUGXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.02% | -1.09% | 1.67% | 21.76% |
Capital Gain Distribution Analysis
TUGXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.004 | OrdinaryDividend |
Jan 31, 2024 | $0.004 | OrdinaryDividend |
Dec 29, 2023 | $0.004 | OrdinaryDividend |
Nov 30, 2023 | $0.004 | OrdinaryDividend |
Oct 31, 2023 | $0.004 | OrdinaryDividend |
Sep 29, 2023 | $0.004 | OrdinaryDividend |
Aug 31, 2023 | $0.004 | OrdinaryDividend |
Jul 31, 2023 | $0.004 | OrdinaryDividend |
Jun 30, 2023 | $0.004 | OrdinaryDividend |
May 31, 2023 | $0.004 | OrdinaryDividend |
Apr 28, 2023 | $0.004 | OrdinaryDividend |
Mar 31, 2023 | $0.004 | OrdinaryDividend |
Feb 28, 2023 | $0.003 | OrdinaryDividend |
Jan 31, 2023 | $0.004 | OrdinaryDividend |
Dec 30, 2022 | $0.003 | DailyAccrualFund |
Dec 31, 2021 | $0.000 | DailyAccrualFund |
Nov 30, 2021 | $0.000 | DailyAccrualFund |
Oct 31, 2021 | $0.000 | DailyAccrualFund |
Sep 30, 2021 | $0.000 | DailyAccrualFund |
Aug 31, 2021 | $0.000 | DailyAccrualFund |
Jul 31, 2021 | $0.000 | DailyAccrualFund |
Jun 30, 2021 | $0.000 | DailyAccrualFund |
May 31, 2021 | $0.000 | DailyAccrualFund |
Apr 30, 2021 | $0.000 | DailyAccrualFund |
Mar 31, 2021 | $0.000 | DailyAccrualFund |
Feb 28, 2021 | $0.000 | DailyAccrualFund |
Jan 31, 2021 | $0.000 | DailyAccrualFund |
Dec 31, 2020 | $0.000 | DailyAccrualFund |
Nov 30, 2020 | $0.000 | DailyAccrualFund |
Oct 30, 2020 | $0.000 | DailyAccrualFund |
Sep 30, 2020 | $0.000 | DailyAccrualFund |
Aug 31, 2020 | $0.000 | DailyAccrualFund |
Jul 31, 2020 | $0.000 | DailyAccrualFund |
Jun 30, 2020 | $0.000 | DailyAccrualFund |
May 29, 2020 | $0.000 | DailyAccrualFund |
Apr 30, 2020 | $0.000 | DailyAccrualFund |
Mar 31, 2020 | $0.001 | DailyAccrualFund |
Feb 28, 2020 | $0.001 | DailyAccrualFund |
Jan 31, 2020 | $0.001 | DailyAccrualFund |
Dec 31, 2019 | $0.001 | DailyAccrualFund |
Nov 29, 2019 | $0.001 | DailyAccrualFund |
Oct 31, 2019 | $0.002 | DailyAccrualFund |
Sep 30, 2019 | $0.002 | DailyAccrualFund |
Aug 30, 2019 | $0.002 | DailyAccrualFund |
Jul 31, 2019 | $0.002 | DailyAccrualFund |
Jun 28, 2019 | $0.002 | DailyAccrualFund |
May 31, 2019 | $0.002 | DailyAccrualFund |
Apr 30, 2019 | $0.002 | DailyAccrualFund |
Mar 29, 2019 | $0.002 | DailyAccrualFund |
Feb 28, 2019 | $0.002 | DailyAccrualFund |
Jan 31, 2019 | $0.002 | DailyAccrualFund |
Dec 31, 2018 | $0.002 | DailyAccrualFund |
Nov 30, 2018 | $0.002 | DailyAccrualFund |
Oct 31, 2018 | $0.002 | DailyAccrualFund |
Aug 31, 2018 | $0.002 | DailyAccrualFund |
Jul 31, 2018 | $0.002 | DailyAccrualFund |
Jun 29, 2018 | $0.001 | DailyAccrualFund |
May 31, 2018 | $0.001 | DailyAccrualFund |
Apr 30, 2018 | $0.001 | DailyAccrualFund |
Mar 29, 2018 | $0.001 | DailyAccrualFund |
Feb 28, 2018 | $0.001 | DailyAccrualFund |
Jan 31, 2018 | $0.001 | DailyAccrualFund |
Dec 29, 2017 | $0.001 | DailyAccrualFund |
Nov 30, 2017 | $0.001 | DailyAccrualFund |
Oct 31, 2017 | $0.001 | DailyAccrualFund |
Sep 29, 2017 | $0.001 | DailyAccrualFund |
Aug 31, 2017 | $0.001 | DailyAccrualFund |
Jul 31, 2017 | $0.007 | DailyAccrualFund |
Jun 30, 2017 | $0.001 | DailyAccrualFund |
May 31, 2017 | $0.001 | DailyAccrualFund |
Apr 28, 2017 | $0.001 | DailyAccrualFund |
Mar 31, 2017 | $0.001 | DailyAccrualFund |
Feb 28, 2017 | $0.000 | DailyAccrualFund |
Jan 31, 2017 | $0.000 | DailyAccrualFund |
Dec 30, 2016 | $0.000 | DailyAccrualFund |
Nov 30, 2016 | $0.000 | DailyAccrualFund |
Oct 31, 2016 | $0.000 | DailyAccrualFund |
Sep 30, 2016 | $0.000 | DailyAccrualFund |
Aug 31, 2016 | $0.000 | DailyAccrualFund |
Jul 29, 2016 | $0.000 | DailyAccrualFund |
Jun 30, 2016 | $0.000 | DailyAccrualFund |
May 31, 2016 | $0.000 | DailyAccrualFund |
Apr 29, 2016 | $0.000 | DailyAccrualFund |
Mar 31, 2016 | $0.000 | DailyAccrualFund |
Feb 29, 2016 | $0.000 | DailyAccrualFund |
Jan 29, 2016 | $0.000 | DailyAccrualFund |
Dec 31, 2015 | $0.000 | DailyAccrualFund |
Mar 31, 2011 | $0.000 | DailyAccrualFund |
Feb 28, 2011 | $0.000 | DailyAccrualFund |
Jan 31, 2011 | $0.000 | DailyAccrualFund |
Dec 31, 2010 | $0.000 | DailyAccrualFund |
Nov 30, 2010 | $0.000 | DailyAccrualFund |
Oct 29, 2010 | $0.000 | DailyAccrualFund |
Sep 30, 2010 | $0.000 | DailyAccrualFund |
Aug 31, 2010 | $0.000 | DailyAccrualFund |
Jul 30, 2010 | $0.000 | DailyAccrualFund |
Jun 30, 2010 | $0.000 | DailyAccrualFund |
May 28, 2010 | $0.000 | DailyAccrualFund |
Apr 30, 2010 | $0.000 | DailyAccrualFund |
Mar 31, 2010 | $0.000 | DailyAccrualFund |
Feb 26, 2010 | $0.000 | DailyAccrualFund |